Shrimp export hit a record high of nearly 2.4 billion
Despite of many hardships in shrimp producing and exporting in 2011, Vietnam shrimp industry reaped rich rewards of US$2.396 billion in export value. Hiking price of shrimp at the early months of the year was attributable to the record high exports. The shortage of shrimp supply from major suppliers such as Indonesia, China or Vietnam pushed up the global shrimp price while import demand from main consumers (the U.S., EU, South Korea) remained at the high levels. This helps Vietnam shrimp industry to gain encouraging results in 2011.
In 2011, Vietnam shrimp was shipped to 91 markets worldwide with export revenue of US$2.4 billion, up 13 percent over 2010. Japan, the U.S., EU, China (including Hong Kong) and South Korea are 5 largest shrimp importers, making up 81.7 percent of the proportion of Vietnam shrimp export value.
In which, Japan was the leading importer with the export value of US$607.2 million, occupying 25.3 percent, followed by the U.S. (US$558.5 million), EU (US$412.8 million), China (US$223.6 million) and South Korea (US$157.5 million).
Viet Nam won the anti-dumping duty case against the US
In the middle of July/2011, World Trade Organization (WTO) judges released the final decision on the U.S.’s “zeroing” method to impose anti-dumping duty on frozen shrimp from Vietnam.
In WTO’s conclusion, the U.S.’s using the zeroing method in calculating anti-dumping margins of Vietnam shrimp in two phases of administrative review from 1st Feb 2006 to 31st Jan 2007 and 1st Feb 2007 to 31st Jan 2008 violated WTO rules and the U.S. was requested to adjust its duty calculation method in accordance with WTO principles.
The panel concluded that the U.S.’s using available data to calculate anti-dumping duty was inconsistent to WTO rules. Many shrimp exporters of Vietnam used to pay 25 percent duty rate which hampered them to export their shrimp products to the U.S.
WTO’s final decision requested the U.S. to remove this calculation in the next administrative period of review. This is an opportunity for shrimp exporters which do not dump their products to retreat from the case. WTO’s the decision contributed to promote Vietnam shrimp exports to the U.S.
Important role of whiteleg shrimp
In 2011, black tiger shrimp exports of Vietnam reached US$1.430 million, equal to the figure of 2010. Yet, in 2011, whiteleg shrimp exports of Vietnam reached US$704 million, showing an increase of 70%. In 2011, epidemic hit mass industrial farming area of black tiger shrimp in Soc Trang, Bac Lieu, Can Tho, Ca Mau provinces. More than 81,000 hectares of black tiger shrimp farming were hit by plague.
Many shrimp exporters considered to import raw material, however, a lot of complicated procedures as well as high import duty prevented them from importing. Whiteleg shrimp business brought a lot of achievements for shrimp producers and exporters in 2011.
Outlook
It is too early to make outlooks for shrimp industry in 2012. But, in the short-term, Vietnam shrimp exports continued to gain substantial results because prawn supply from Thailand was deficient due to flood and importing demand from the U.S., EU and South Korea will remain at high levels.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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